Adbri Limited (OTCMKTS:ADBCF) Sees Significant Drop in Short Interest

Adbri Limited (OTCMKTS:ADBCF) saw a large decline in short interest in March. As of March 15th, there was short interest totalling 146,100 shares, a decline of 67.5% from the February 29th total of 449,700 shares. Based on an average daily trading volume, of 0 shares, the short-interest ratio is currently ∞ days.

Adbri Stock Performance

ADBCF opened at $2.05 on Friday. Adbri has a one year low of $1.27 and a one year high of $2.05. The business’s 50 day moving average price is $2.05 and its 200 day moving average price is $1.74.

About Adbri

Adbri Limited manufactures and distributes construction materials in Australia. The company operates in two segments: Cement, Lime, Concrete and Aggregates; and Masonry. It provides cement, lime, premixed concrete, aggregates, and sand; various concrete bricks, besser blocks, pavers, and retaining wall blocks; and industrial minerals comprising agricultural lime products, stockfield minerals and fillers for glass manufacturing, and quick and hydrated lime for industrial processing and water treatment applications.